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HomeDaily NewsSaturday, May 30, 2026Kenya Inflation Jumps to 6.7pc on Fuel Food Costs - May 2026
Business & Economy4 stories from 2 sources

Kenya Inflation Jumps to 6.7pc on Fuel Food Costs - May 2026

Kenya's inflation rate jumped to 6.7 percent in May 2026, marking a significant increase from 5.6 percent in April and adding pressure on households amidst rising costs. The inflation was primarily driven by escalating fuel and food costs. President William Ruto announced plans to construct a regional refinery aimed at ending constant fuel disruptions, revealed during a meeting with the Kenyan diaspora at State House, Nairobi. Separately, Oya Micro Credit is prioritizing financial education for SMEs, recognizing that access to credit alone is insufficient for business success.

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Friday 10:18 PMCapital Business

Kenya inflation jumps to 6.7pc on high fuel and food costs

Kenya inflation jumps to 6.7pc on high fuel and food costs

Kenya's inflation surged to 6.7 percent in May 2026, primarily driven by escalating fuel and food costs, placing significant pressure on households.

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Key Highlights

Kenya's inflation surged to 6.7 percent in May 2026, primarily driven by escalating fuel and food costs, placing significant pressure on households.

  • Inflation rose from 5.6 percent in April.
  • The Kenya National Bureau of Statistics (KNBS) reported the increase.
  • Key drivers include rising prices in Food and Non-Alcoholic Beverages (9.4%), Transport (16.5%), and Housing (3.4%).
Friday 9:44 PMThe Star (Youtube)First

To stop constant fuel disruption, we're building our own refinery in the region, Ruto

President William Ruto announced plans to construct a regional refinery aimed at ending constant fuel disruptions. This initiative was revealed during a meeting with the Kenyan diaspora at State House, Nairobi.

Key Highlights

President William Ruto announced plans to construct a regional refinery aimed at ending constant fuel disruptions. This initiative was revealed during a meeting with the Kenyan diaspora at State House, Nairobi.

  • The construction of a regional refinery is underway to ensure consistent fuel supply.
  • Key stakeholder: President William Ruto and the Kenyan diaspora.
  • The project aims to mitigate recurring fuel supply issues within the region.
Friday 10:18 PMCapital Business

Kenya Inflation Jumps to 6.7pc on Fuel Food,Transport

Kenya Inflation Jumps to 6.7pc on Fuel Food,Transport

Kenya's inflation rate jumped to 6.7 percent in May 2026, marking a significant increase from 5.6 percent in April and adding pressure on households amidst rising costs.

Read Story

Key Highlights

Kenya's inflation rate jumped to 6.7 percent in May 2026, marking a significant increase from 5.6 percent in April and adding pressure on households amidst rising costs.

  • Kenya's inflation accelerated to 6.7% in May 2026.
  • The Kenya National Bureau of Statistics (KNBS) reported the increase.
  • Key drivers were rising costs for food (9.4%), transport (16.5%), and housing (3.4%).
Saturday 4:57 PMCapital Business

Oya Micro Credit Bets on Financial Education to Strengthen SME Growth

Oya Micro Credit Bets on Financial Education to Strengthen SME Growth

Oya Micro Credit is prioritizing financial education for SMEs, recognizing that access to credit alone is insufficient for business success.

Read Story

Key Highlights

Oya Micro Credit is prioritizing financial education for SMEs, recognizing that access to credit alone is insufficient for business success.

  • Oya Micro Credit, celebrating its fourth anniversary, believes financial literacy enhances borrower outcomes and reduces risk.
  • Chief Executive Officer Wycklife Ochola stated that financial education is a core component of their business model, offering guidance on responsible borrowing and business management.
  • The company serves 20,000 customers monthly across 110 branches and uses an AI-powered WhatsApp platform for financial inclusion and education.
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